Centre Unveils 50 New Highway Projects to Boost Manipur's Hills

25 Oct 2024 CW Team

The Ministry of Road Transport and Highways announced the approval of 50 National Highway projects, which collectively span 1,026 kilometres in Manipur. Among these, 44 projects, covering 902 kilometres, are situated in the hilly regions of the state.

To date, eight projects, totalling 125 kilometres, have been successfully completed in these hilly areas. The remaining 36 projects, with an estimated cost of around Rs 120 billion, are currently under development, aiming to improve connectivity and infrastructure in these challenging terrains.

For the Annual Plan 2024-25, the Ministry has allocated funds for two additional National Highway projects, amounting to Rs 13.50 billion for a combined length of 90 kilometres, which are also located in the hilly regions.

Additionally, under the Central Road and Infrastructure Fund (CRIF), the Ministry approved a list of prioritized work on state roads as submitted by the Manipur State Government. Out of a total of 111 proposed works, the Ministry greenlit 57 projects based on their priority, achieving a Bank of Specifications (BoS) ratio of 9.81, which is significantly higher than the permissible ratio of 4 for hilly states.

This comprehensive investment in road infrastructure is expected to enhance transportation and connectivity across Manipur, particularly in its hill areas, thereby supporting economic growth and development in the region.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..